Zip Co

Happy third Zipsterversary to Assistant Controller, US Sean Dalwood. Sean, whose Zipstory began in Sydney as part of the Group Financial Control Team before moving to the US with Zip two years ago, is passionate about the role finance can play in enabling business success. He’s also clear on what aspects of life at Zip have fuelled his own career trajectory. “Our focus on internal mobility and career development has led to an incredible opportunity for both my personal and professional growth. I am someone who embraces change and I believe in treating uncertainty as an opportunity rather than an obstacle. That mindset, combined with the support, mentoring and exposure to senior leaders here at Zip, has been key to accelerating my career. We have a very open and collaborative approach to problem solving and I’m excited by the role I have to play in developing our future leaders across the organization.” Congratulations on three-mendous years Sean!

Today we announced our half year results for FY25, delivering record financial performance, a continued focus on exceptional experiences for our customers, and a strengthened balance sheet to support future growth. Managing Director and Group CEO Cynthia Scott said: “Zip delivered record cash earnings of $67.0m, an increase of 117.1% with cash net transaction margin expanding to 3.8%. The record financial outcomes achieved this half have been driven by outstanding US growth and disciplined execution of our strategy, with a focus on delivering enhanced customer experiences. We strengthened our balance sheet to support future growth and, consistent with our focus on cost discipline, continued to deliver significant operating leverage.” For more details, please refer to our ASX release here: https://lnkd.in/dYuyfAYg

Congratulations to Will Walker, Associate Director, Analytics and Data Science, who recently marked six-tacular years as a Zipster! Will says his time at Zip has been an unbelievable ride, one from which he’s never looked back. “I’ve had the privilege of working with so many talented data professionals and stakeholders, all as part of a relatively flat structure and a strong cross-functional culture. It means as Zipsters we have a voice and gain broad exposure, which has been such a positive environment for me to collaborate, innovate and grow. One of the things that I think sets Zip apart is our team’s involvement across the entire lifecycle of a project. For example, it’s been very rewarding to be involved in projects like integrating analytics tools and building machine learning and other AI applications from the ground up - taking ideas from the concept stage, developing them, and deploying them into production. I'm incredibly proud that our work over the years has played an important role in providing clarity and helping shape decisions attached to business priorities. This is exactly where you want to be as a data team.”

Today we announced Zip’s Q2 FY25 results, with the Group achieving record Total Transaction Value (TTV), revenue and cash EBTDA for the period, underpinned by continued strong momentum in our US business with an exceptional holiday trading period. Our ANZ business also returned to growth from a TTV perspective, driven by a strong increase in transaction numbers. Our results are a testament to the value we provide our customers and merchants, as we strive to fulfil our purpose of unlocking financial potential, together. For more details, please refer to our ASX release here: https://lnkd.in/dVuR-wzd

Great to start the year highlighting one of Zip’s key traditions: the ZipStar Awards! These awards are our way of recognising those Zipsters across Australia, New Zealand and the US who’ve gone above and beyond over the past year and exemplify our values. Join us in celebrating the exceptional contributions of these team members in delivering on our purpose of unlocking financial potential, together: US Winners: Jacob Medure, Scott Romani, Kathryn Flynn, Jimmie Lindstrom, Dani Banci, MBA, CAMS, CRCM, Melissa DePasquale, Chris Nelms, and Amie Siebert ANZ Winners: Ben Maliel, Hollie F., Vivien Luu, Elizabeth Dearberg, Katie Day, Will Evans and Edwina Paul #CustomerFirst #ChangeTheGame #StrongerTogether #OwnIt

To close out a memorable year, please join us in congratulating US Engineering Manager Dhanya Tatachar’s fourth Zipsterversary. Dhanya puts her career growth as a Zipster down to the culture of empowerment and accountability that she has experienced, one she is passionate about maintaining for her team. “The most significant factor in accelerating my career here has been the trust that Zip placed in me early on, when I was given the responsibility of building out our Quality Assurance group. That initial trust was the foundation for my growth, and it enabled me to step into leadership in a way that felt both challenging and empowering. What truly fuels my excitement for the next chapter of my Zipstory is the chance to assist members on my team to grow and elevate their technical expertise too. I’m deeply committed to creating an environment where our engineers can challenge themselves, push boundaries and celebrate their wins.” Thanks for all you bring to Zip Dhanya, we’re proud to call you a Zipster and can’t wait to see what your team achieves in 2025!

We were delighted that The Australian chose to profile our Group CEO Cynthia Scott’s responses as part of their recent 2025 CEO Survey. Cynthia shared her outlook on the Australian economy, and how Zip’s strategy delivered a transformative FY24 and a strong start to this financial year as we continue to focus on driving profitable growth and exceptional customer and merchant experiences. Click the link below to read more and to hear Cynthia’s views on Zip’s culture of innovation, hybrid work arrangements and AI journey (subscription required). https://lnkd.in/gRnrUhe4

Please join us in celebrating Director, Compliance Claire Nelson (previously Devenney)’s third Zipsterversary. A key member of Zip ANZ’s Legal, Enterprise Risk and Compliance team, Claire believes it’s the exposure to a broad range of initiatives and different teams that has made her experience to date so rewarding. “I feel very lucky as my work gets to touch every part of the business. I really am involved in all things Risk and Compliance, from regulatory change submissions to engaging with regulators. One of the pieces of work I’m most proud of is when we launched Zip Plus. I also feel proud of the support I’ve had from Zipsters in our Legal team. After years of part-time study while working full time I was admitted to practice law, and I’m currently working through my two years of supervised legal work. The team is giving me lots of opportunities to dip my toes into legal work so that down the track I will be a fully operating lawyer.” Congratulations on this chapter of your Zipstory Claire, we look forward to seeing all you do next!

It was fantastic to see our CEO and MD Cynthia Scott recognised as Tech Female Leader of the Year at the Deloitte #TechFast50 Australian awards. In accepting the award, Cynthia spoke about Zip’s culture of innovation and commitment to diversity in all forms. She also shared her personal advice around the power of creating networks and viewing uncertainty as an opportunity. #ChangeTheGame #StrongerTogether

We were thrilled to sponsor the recent NASCAR Truck 200 race at Martinsville Speedway! ?? As a proud partner of the NASCAR community, Zip had the unique opportunity to be part of the action. We connected with thousands of passionate fans while showcasing the power and flexibility of Buy Now, Pay Later, as Zip expands to new customers and communities. A huge thank you to the Motorsports Speedway team and Martinsville Raceway for such an unforgettable experience! #ZipSponsorship #NASCARTruck200 #MartinsvilleSpeedway #Motorsports #BNPL Joseph Heck Gordon Bell Jinal Shah Bucky Heath Laura Cvikevich Espinoza